Big Lots Inc (NYSE:BIG) 2018 Q1 Sentiment Change, Now at 0.97

June 29, 2018 - By Nell Hawkins

Big Lots, Inc. (NYSE:BIG) Corporate Logo

“Big money” Positions

In 2018 Q1 Big Lots Inc (NYSE:BIG) big money sentiment decreased to 0.97, revealed SEC filings. That’s down -0.06, from 2017Q4’s 1.03. 132 investment managers increased and opened new equity positions, while 136 trimmed and sold stock positions in Big Lots Inc so the sentiment has worsened. Funds own 49.86 million shares, down from 50.28 million shares in 2017Q4. Funds holding Big Lots Inc in top 10 was flat from 2 to 2 for the same number . 33 Investors Sold All; 103 Reduced Holdings; 99 increased stakes while 33 investment managers bought stakes.

Significant Big Lots Inc Shareholders

As of 2018 Q1 Westport Asset Management Inc has 6.05% invested in Big Lots Inc. As of 2018 Q1, 1.41 million shares of Big Lots Inc are owned by Snow Capital Management Lp. Kestrel Investment Management Corp reported 145,200 shares. Sasco Capital Inc Ct revealed 1.09 million shares position in Big Lots Inc. The New York-based fund New Amsterdam Partners Llc Ny holds 179,001 shares or 1.7% of their fund’s portfolio.

Big Lots, Inc., through its subsidiaries, operates as a non-traditional, discount retailer in the United States.The firm is valued at $1.71 billion. The firm offers products under various merchandising categories, such as food category that includes beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that consists of home décor, frames, fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, including small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and furniture category consisting of upholstery, mattress, ready-to-assemble, and case goods departments.10.69 is the P/E ratio. It also provides merchandise under the seasonal category that includes lawn and garden, summer, Christmas, and other holiday departments; and electronics, toys, and accessories category, including electronics, jewelry, hosiery, toys, and infant accessories departments.

BIG is reaching $42.46 during the last trading session, after increased 1.10%.Currently Big Lots, Inc. is downtrending after 13.64% change in last June 29, 2017. BIG has 300,975 shares volume. BIG underperformed by 26.21% the S&P500.

On August, 24 is anticipated Big Lots, Inc. (NYSE:BIG)’s earnings report, Zacks reports. Analysts expect change of 5.97 % or $0.04 from previous year’s $0.67 EPS compared to current’s $0.63 EPS. If $0.63 is reported, BIG’s profit will hit $25.42 million for 16.85 P/E. -33.68 % negative EPS growth is what Wall Street’s sees after $0.95 reported EPS previous quarter.

Deutsche Fincl Bank Ag invested in 0.02% or 649,496 shs. Benjamin F Edwards Inc holds 0.02% of its capital in Big Lots, Inc. (NYSE:BIG) for 5,280 shs. Regions Finance Corporation holds 0% or 523 shs in its capital. Neuberger Berman Gru Lc invested 0% in Big Lots, Inc. (NYSE:BIG). Zebra Mgmt Ltd Liability Company, a Connecticut-based fund reported 12,284 shs. Utd Financial Advisers Limited Liability reported 0% in Big Lots, Inc. (NYSE:BIG). California State Teachers Retirement owns 68,868 shs for 0.01% of their capital. Engineers Gate Manager Lp owns 25,097 shs. Goldman Sachs Inc has 0.01% invested in Big Lots, Inc. (NYSE:BIG) for 947,754 shs. Dean Invest Associates Ltd Llc holds 0.48% or 74,618 shs. New York-based Kepos L P has invested 0.02% in Big Lots, Inc. (NYSE:BIG). State Teachers Retirement System invested 0.01% in Big Lots, Inc. (NYSE:BIG). Dreman Value Management L L C reported 672 shs. Essex Inv Management Ltd Llc accumulated 26,039 shs or 0.15% of the stock. 10 were reported by Tru Comm Of Vermont.

Big Lots, Inc. registered $2.35 million net activity with 0 insider buys and 3 sales since January 4, 2018. $1.10M worth of stock was sold by JOHNSON TIMOTHY A on Thursday, January 4. 20,657 shs were sold by CAMPISI DAVID J, worth $903,341.

Big Lots, Inc. (NYSE:BIG) Ratings Coverage

In total 12 analysts cover Big Lots (NYSE:BIG). “Buy” rating has 6, “Sell” are 0, while 6 are “Hold”. (NYSE:BIG) has 50% bullish analysts. 15 are the (NYSE:BIG)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Monday, June 4 the rating was maintained by Morgan Stanley with “Overweight”. In Friday, March 9 report KeyBanc Capital Markets maintained it with “Buy” rating and $58.0 target. On Tuesday, May 22 JP Morgan maintained Big Lots, Inc. (NYSE:BIG) rating. JP Morgan has “Neutral” rating and $44 target. On Monday, March 12 KeyBanc Capital Markets maintained Big Lots, Inc. (NYSE:BIG) rating. KeyBanc Capital Markets has “Overweight” rating and $58 target. In Friday, March 9 report Piper Jaffray maintained it with “Hold” rating and $52.0 target. In Monday, April 16 report Raymond James downgraded the stock to “Outperform” rating. On Monday, March 12 the stock has “Buy” rating by Loop Capital. On Monday, March 12 the company was maintained by Morgan Stanley. On Monday, June 4 the firm has “Hold” rating given by Loop Capital Markets. The stock rating was downgraded by Oppenheimer to “Hold” on Wednesday, January 10.

For more Big Lots, Inc. (NYSE:BIG) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Gurufocus.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Big Lots: Setting Up For A Bounce” published on June 07, 2018, “BIG Lots down on earnings miss” on June 01, 2018, “Value Screeners Identify Good Opportunities for 2nd Half of 2018” with a publish date: June 27, 2018, “Big Lots announces accelerated share repurchase” and the last “Big Lots Looks Cheap But It Isn’t” with publication date: June 07, 2018.

Big Lots, Inc. (NYSE:BIG) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.